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 Replies: 8 / Views: 2,004 |
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Pillar of the Community
United States
818 Posts |
I've always wondered what collectors do with the 40% silver half dollars from 1965-1970. I'm starting to accumulate several of them, and aside from the silver content, I have no reason to keep them. I don't want to bring them to a bank or store since I'd only be getting face value for them. At the same time, they're tying up more money that could be used for other expenses. Does anyone have suggestions for parting with 40% silver half dollars that can bring fair market value to the collector?
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Bedrock of the Community
United States
19108 Posts |
With all Dansco %40 Kennedy half holes filled, I just hold on to excess pieces, thinking that some day they would be passed on within the family. Having said that, I only have a few dozen that fall into that category, so it's relatively easy to manage them. |
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Valued Member
United States
168 Posts |
I think you won't find many dealers who will offer a fair price for only a small amount of those coins because typically they are bought and sold in large quantities. Last month a local coin shop owner who purchases and sells "junk" silver coins (the ones that contain 90% silver) at a fair price offered to pay me $3.25 each for 40% Kennedy half dollars -- but only if I sold him at least several rolls. That is ~75% of their melt value. |
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Moderator
 United States
34393 Posts |
I've got a bunch so I suppose I'm in the same boat as you. Thx for the info on selling them @nor. I wonder if you could get closer to melt selling privately to a stacker.
"If you climb a good tree, you get a push."
-----Ghanaian proverb
"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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Bedrock of the Community
United States
94367 Posts |
I just drop them off at my LCS every few months with other odd silver and gold stuff I've picked up.
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Pillar of the Community
United States
6987 Posts |
Quote:
I don't want to bring them to a bank or store since I'd only be getting face value for them Sounds to me the poster might even be happy with getting something closer to 50% of melt value . |
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Bedrock of the Community
Australia
21786 Posts |
Save 'em !  |
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Pillar of the Community
United States
2520 Posts |
Throw them on Craigslist at a small percentage below melt and see. I found a great silver buyer 10-15 years ago that way. We have done business probably 40 -50 times since then, and it all started with a few rolls of 40% halves. Needless to say you have to use common sense with Craigslist (don't agree to meet someone in a dark alley at 2:00 am). I always state in my listing that "Exchange will take place in a well lit public place during daytime hours". Remember that honest buyers have security concerns too.
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Moderator
United States
187446 Posts |
I still have a small stack of 90% and 40% half dollars, but I traded a number of them at the LCS for store credit, which I immediately used to obtain the remaining Franklin half dollars for my Dansco. I always assumed I would keep the remainder until they become a question for my heirs. |
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Replies: 8 / Views: 2,004 |
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Posted 01/04/2025 4:53 pm
